ARN Media Ltd.

Formerly	Australian Radio Network Here, There & Everywhere APN News & Media
Company type	Public
Traded as	ASX: A1N
Industry	Outdoor advertising Radio Broadcasting
Headquarters	100William Street, Sydney , Australia
Number of locations	33 markets
Area served	Australia,Hong Kong
Services	Radio: KIIS Network Gold Network ARN Regional CADA Digital media: iHeartRadio
Revenue	A$252.7m
Net income	A$54.6m
Website	www.arn.com.au

ARN Media Ltd., formerlyHere, There & Everywhere andAPN News & Media, is an Australian media company. Divisions include broadcastradio andOut-of-home advertising.^[1] The company previously hadassets in New Zealand,^[2] and previously ownedAdshel,APN Outdoor and Gfinity eSports in Australia.^[3][4] Its commercial radio stations include theGold Network,KIIS Network,CADA,ARN Regional andiHeartRadio brands.

The company operates the ARN News service in Australia, which uses international correspondents and source news stories fromAAP in Australia,CNN from the United States andSky News andIndependent Radio News from the United Kingdom. ARN has newsrooms inSydney,Melbourne,Canberra,Brisbane andAdelaide.

Originally ARN was a joint venture of APN News & Media and Clear Channel (nowiHeartMedia). On 19 February 2014, it was reported that APN News & Media had agreed to purchase Clear Channel's 50% stake in the ARN.^[5] As a result, ARN is now fully owned by ARN Media. The company continues to operate the Australian version of iHeartRadio.^[6]

Until 2014, ARN also included New Zealand radio networksNewstalk ZB,Classic Hits FM,ZM,Radio Sport,Radio Hauraki,Easy Mix,Flava andCoast under umbrella company The Radio Network. These are now part of theNew Zealand Media and Entertainment.

In August 2021, the company removed the words 'Australian Radio Network' from its name, now being known as simply ARN.^[7] Three months later, in November 2021, Here, There & Everywhere, ARN's parent company, purchasedGrant Broadcasters, who intend to integrate it with its own business by January 2022.^[8][9][10] The deal was finalised on 4 January 2022.^[11]

Having already acquired a 15% stake inSouthern Cross Austereo (SCA) earlier in the year, in October 2023 ARN launched atakeover offer for SCA in partnership withAnchorage Capital Partners. To satisfyAustralian Communications & Media Authority regulations that allow one party to only own two radio stations in one market, in capital cities ARN would add theTriple M network to theKIIS Network, while Anchorage Capital Partners would control theHit andPure Gold networks.^[12][13]

In 2015, HT&E's two largest shareholders were the Australian fund manager Allan Gray Australia andNews Corp Australia.^[14] Irish companyIndependent News & Media andDenis O'Brien's Baycliffe held an approximately 30% stake in the company before selling it in March 2015.^[15]

ARN Media had its origins inProvincial Newspapers (PN), a listed company that published regional newspapers inNew South Wales andQueensland. TheHerald & Weekly Times, which owned a significant proportion of PNQ, was taken over byNews Limited in 1987. To comply with an order of theTrade Practices Commission, News Limited was required to sell its PN shares. The 48% stake in PN was acquired in 1988 by interests associated with the family ofTony O'Reilly, the principal shareholder of Independent Newspapers of Ireland.^[16]

The company was renamed Australian Provincial Newspapers Holdings and listed again on theAustralian Securities Exchange in 1992 following a public share issue, and in 1998 the name was changed to APN News & Media.^[17]

In 2001, APN acquired 25% ofSoprano Design, later going on to acquire stakes in Conversant Media and Unbnd Group. These acquisitions have been listed every year in their financial reports.Soprano Design was valued at over A$500 million in November 2019, giving APN over A$125m in equity.^[3] Following Soprano's acquisition of SilverStreet Intl in December 2020, Analysts have stated that Soprano Design could be worth upward of $1 billion.

In June 2016, the company completed the demerger of its New Zealand radio and publishing business,New Zealand Media and Entertainment.^[18] However, the company maintained a presence in New Zealand via its outdoor advertising business, Adshel NZ.^[19] Also in 2016, the company announced it would sell its regional newspaper division, Australian Regional Media, toNews Corp Australia for $36.6 million.^[20] The deal was reviewed but not opposed by theAustralian Competition & Consumer Commission.^[21] The sale of ARM, encompassing APN's remaining newspaper assets, was completed in December 2016.^[22]

APN News & Media Limited changed its name to HT&E Limited in May 2017, changing its ASX Listing Code to HT1.^[23]

In June 2018,oOh!media purchased street furniture business Adshel for A$570 million from HT&E, in a competitivebidding war against rival (and former HT&E subsidiary)APN Outdoor.^[24][25]

In January 2023, the company sold its 25% stake in communications firmSoprano.^[26] In May 2023, Here, There & Everywhere was renamed ARN Media.^[27][28] In June 2023, ARN acquired a 15% shareholding in major competitorSouthern Cross Austereo.^[29] In October 2023, ARN launched atakeover offer for SCA in partnership withAnchorage Capital Partners. To satisfyAustralian Communications & Media Authority regulations that allow one party to only own two radio stations in one market, in capital cities ARN would own theKIIS andTriple M networks, while Anchorage Capital Partners would control theHit andPure Gold networks.^[29][30] The deal collapsed after Anchorage withdrew.^[31]

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ARN operates 58 radio stations, targeting the 25-to-54-year-old demographic. These stations include

• thetop 40 (CHR),adult contemporary, andactive rock-formattedKIIS Network
• theclassic hits andoldies-formattedGold Network
• therhythmic top 40 andurban contemporary-formattedCADA
• joint venture stationsMix 106.3 andHit104.7 in Canberra withSouthern Cross Austereo
• other radio stations viaDAB+digital radio andiHeartRadio
• 46 radio stations acquired fromGrant Broadcasters

Adult classic rock music

ARN also broadcasts a number of digital only radio stations.^[32]

• CODY Out-of-Home (Hong Kong)^[34]
• Emotive (creative agency)^[35]

• Kirkpatrick, Rod (1994)."Six dynasties that ended with a whimper: the end of the PNQ"(PDF).Australian Studies in Journalism (3):109–129. Retrieved14 August 2016.

• Company website

• ARN Media
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